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    The Wave Condos

    4 Elsinore Path

    3for Sale
    0for Rent
    © OpenStreetMap
    map of location

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    13
    Number of Units:
    185
    Condo Completion:
    2007
    Condo Demand:
    Medium
    Unit Size Range:
    345 - 870 SQFT
    Unit Availability:
    Medium

    Listing History for The Wave Condos

    Amenities

    Business Centre
    Indoor Parking
    Media Room
    Security System
    Bike Storage
    Visitor Parking

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 4 Elsinore PathThe Wave Condos

    Located at 4 Elsinore Path, The Wave Condos is a 13-storey condo containing 185 units. These Toronto condos were developed by The Daniels Corporation and completed in 2007. Units start at 345 square feet and can be as large as 870 square feet. What makes a New Toronto condo for sale most appealing is all that the neighbourhood has to offer.

    This condo has a Walk Score of 82 and an average demand ranking, based on Strata.ca’s analytics. Maintenance fees at 4 Elsinore Path are $1.07 per-square-foot, which is significantly higher than the city average of about $0.67, however the maintenance fees do include all utilities, making them a bit more reasonable (usually at least hydro is separate).

    The Suites

    Here are some stats that would interest renters or buyers at 4 Elsinore Path: 8 units have been sold in the past 12 months, and 7 units have been rented over the same period.

    In terms of price per-square-foot, the average cost is $743 and units tend to sell for -1.07% below the list price. Units at 4 Elsinore Path have a medium probability of receiving more than one offer. On average, a suite will spend 32 days on the market.

    The Neighbourhood

    Those who call this condo home never have to travel far for dining out, as Albatros Pub, Michael's West Indian Flavour and Zeppole Patisserie are all within 5 minutes walking distance from 4 Elsinore Path. You’ll only have to walk 11 minutes to pick-up a coffee before heading out for your day at Tim Hortons and The Sydney Grind.

    There are a number of grocery stores within a short drive, including Rabba Fine Foods, 7 Sisters Food Mart and Mario & Selina's No Frills.

    Residents here can stop by Alterna Savings and Scotiabank on their way home from work, so they can take care of their financial needs.

    Everyone can benefit from sunshine and Vitamin D, so you’ll love to know that Lakeshore Village Park and Eighth Street Park are less than 4 minutes walking distance from 4 Elsinore Path.

    Those who love to shop will appreciate all the options nearby with Petite Amsterdam just 2 minutes from here.

    If you’re tired of the usual neighbourhood attractions, then perhaps having Artistic Impressions Canada, L Space Gallery and Allen Gallery Art Sales & Rentals less than a 2-minute drive away will give you a lift.

    There are plenty of nearby school choices — Seventh Street Junior School, Twentieth Street Junior School and Arts Express — with more in neighbouring areas so you can find the best school for your child’s needs. If you're open to commuting, a quick transit ride offers even more options, including Lakeshore Collegiate Institute and Father John Redmond Catholic Secondary School and Regional Arts Centre.

    Transportation

    Transit users will love the New Toronto neighbourhood with convenient light transit routes like Garnett Janes Rd at Coin St nearby. Kipling is about a 12-minute drive from the building.

    Anyone who isn’t sold on this development but loves the area, might want to check out 3058-3076 Lake Shore Boulevard W, 3000-3032 Lake Shore Boulevard W and 10-50 Carnation Avenue, which are similar condos in the area.

    3

    Listings For Sale

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    Listings For Rent

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    Nearby Amenities

    8/10
    Walkability
    You’re in stride with amenities—most of your needs are just a playlist away.
    7/10
    Transit
    Transit's there for you, like a loyal golden retriever.
    6/10
    Bikeability
    The bike lane starts to feel like a second home.

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    45,523
    Average Individual Income
    $64,188
    Average Household Size
    3 persons
    Average Age
    44
    Average Household Income
    $105,463
    Dominant Housing Type
    Detached
    Population By Age
    Household Income
    Housing Types & Tenancy
    Detached
    37%
    High Rise Apartment
    27%
    Semi Detached
    21%
    Low Rise Apartment
    8%
    Duplex
    5%
    Marital Status
    Commute
    Languages (Primary Language)
    Other
    70%
    Mandarin
    14%
    Cantonese
    10%
    Tamil
    2%
    Arabic
    1%
    Spanish
    1%
    Tagalog
    1%
    Korean
    1%
    Education
    University and Above
    37%
    High School
    24%
    College
    16%
    None
    15%
    Apprenticeship
    3%
    University Below Batchelor
    2%
    Major Field of Study
    Business Management
    26%
    Architecture & Engineering
    19%
    Health & Related Fields
    11%
    Social Sciences
    11%
    Math & Computer Sciences
    9%
    Physical Sciences
    5%
    Humanities
    4%
    Education
    4%
    Visual & Performing Arts
    3%
    Personal, Protective & Transportation Services
    2%

    Days on Strata

    Units at The Wave Condos spend an average of
    32
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    1%
    below
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers

    Turnover of Units

    On average, each unit is owned for
    5.8
    YEARS before being sold again

    Property Value

    -9%
    Decrease in property value within the past twelve months

    Price Ranking

    1st
    Highest price per SQFT out of 6 condos in the New Toronto area

    Sold Units

    8
    Units were Sold over the past twelve months

    Rented Units

    7
    Units were Rented over the past twelve months

    Best Value Rank

    The Wave Condos offers the
    ?
    best value out of 6 condos in the New Toronto neighbourhood

    Appreciation Rank

    The Wave Condos has the
    ?
    highest ROI out of 6 condos in the New Toronto neighbourhood

    Rental Yield

    The Wave Condos yields the
    ?
    highest rent prices out of 6 condos in the New Toronto neighbourhood

    High Demand

    The Wave Condos is the
    ?
    most popular building out of 6 condos in the New Toronto neighbourhood

    Transaction Insights at 4 Elsinore Path

    Studio1 Bed1 Bed + Den2 Bed
    Price RangeNo Data$430,000 - $490,000$485,000 - $490,000$510,000 - $515,000
    Avg. Cost Per SqftNo Data$836$798$705
    Avg. Wait for Unit Availability224 Days68 Days216 Days78 Days
    Ratio of Units in Building10%40%12%40%

    Maintenance Fees

    The Wave Condos vs The New Toronto Area

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